Replies to post #91068 on Mike The Pike Productions Inc (MIKP)

[TenKay]

"MIKP has an excellent case against FINRA"

Then Mark should sue...lets see if he actually does. I predict lots of bluster and talk from him about it...but will he follow through in any meaningful way?

"The best thing that MIKP could do while on the grey sheets until this matter gets settled is start making some friggin money from ServeNation and prove to the FINRA Bozos they were wrong"

Believe it or not, FINRA could not give a rip about the actual operational business. The business' performance does not factor one wit into their decision. Only that the company is honest and open about that performance, good or bad.

They only care about the publicly traded entity....the stock.

[imiloa]

while i agree that Mark technically has a decent case, given the recorded evidence, in which both BMAS and Mark's lawyer were involved directly.

but suing the govt can be a significant endeavor, requiring significant resources.

per call, Mark is discussing options with the lawyer who got the MIKP chills removed previously.
first step would be that lawyer feeling the case is winnable, and worth pursuing.
next step would be funding the pursuit of the case.

given Mark's lack of significant capital,
the lawyer would probably need to sue for both damages/reinstatement and legal fee compensation.

let's see what the lawyer says...

[imiloa]

re: getting ServeNation rolling, in theory, SchoolFuel is about to launch, being an NWAV asset, but an instance of the ServeNation model.

but as TenKay noted, FINRA is more concerned with honest PRs than biz revenue.
having a successful biz reduces the aura of stock scam.
but unless Mark could generate ServeNation revenues to match the projections from that fabled PR,
it seems unlikely to help his case with FINRA.